Bankruptcy

Photo Credit: Tomás Del Coro, Wikimedia Commons Spirit Airlines, the country’s largest budget carrier, has filed for Chapter 11 bankruptcy protection in a bid to...

You knew this was coming. As soon as the news hit the streets that rap mogul 50 Cent filed for bankruptcy, it ignited a social…

Amid the rubble that is the state of Historically Black Colleges and Universities (HBCUs), Morris Brown College announced on Thursday that the school has “victoriously emerged from…

How does a celeb like Toni Braxton (pictured) buy a $3 million mansion on the block where Justin Bieber lives, after filing for bankruptcy...

Just seven years after signing a mega-$26 million contract with the NFL’s Tennessee Titans, former star quarterback Vince Young (pictured) has reportedly filed for...

Protesters gathered outside the courthouse Tuesday. NEW YORK (CNNMoney)A federal judge has given a green light for Detroit to proceed with its bankruptcy,...

FILE - In this Oct. 23, 2013 file photo protesters rally outside federal court in Detroit during a trial to determine if...

Earl Simmons, best known as rapper DMX, filed for Chapter 11 bankruptcy protection in a Manhattan courtroom today. According to reports, the MC claims...

Detroit's bankruptcy filing has a message for the rest of the county: Your city or state might be next if you don't fix your finances! Unlike the federal government, cities and states can't "print" the money to pay for their promises. And the most egregious promises have been made to public workers, many of whom are now retired and living on ...